Jamie, the good thing from a water perspective is that Melbourne's catchments are saturated, which means that all of this rain is going to reach the dams. Should be good inflows when the snow starts melting on the Alps too.
Noah, we had 220mm here in August, you pipped us by 15mm

. Luckilly we live on top of a mountain, the only thing that would cause flooding here is if a comet landed in Port Philip Bay. Your creek might be a bit of a worry, but it is at least 5m below your house isn't it? I bet those waterlogged wooly cows are still cute.
It will be flooded in the Yarra Valley again this year, I might have to drive the tinny to bonsai club this month

and the cops will have to set up speed camera bouys

which I wouldn't put past them
For Victoria, they are predicting a warm and dry spring and a warm-hot summer with good rainfall which should have our trees powering along.
Cheer,
Mojo